Officials in fast-growing Union County and Jerome Township have been tussling over how tax-increment financing districts are used.
A dispute between Jerome Township and Union County over how public improvements are financed has risen to the point that the township plans to place an issue on the November ballot aimed at giving it more control over how such money is spent.
"We are in an optimal location to drive economic development and job creation in the region," Davis said in the statement. Narducci said just $1.1 million of the $13 million is going toward something he considers public: improving the entry to the apartments along busy Hyland-Croy Road. But he said the township also entered into an agreement with the developer to use TIF revenue to reimburse construction costs.
"Our development will bring millions of dollars a year into the county, which otherwise would've been nearly zero as a farm," Smith said. On May 12, Jerome Township trustees filed legal action in the Ohio Supreme Court to force Union County Treasurer Andrew Smarra to sign a form so the township could begin collecting money from the FedEx site through the tax-increment financing district.
In a 2019 document, the Texas developer of the FedEx site agreed to pay Union County $7 million for improvements there.
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